The Student Loan Ranger

I will keep it brief for just now, and I'll add to it tomorrow as this is just to see if I like the graphic above.

Pretty slow week for the watchlist I'm afraid. A couple of false entry signals at the start of the week were followed by a lot of sideways action. Retrospectively, my analysis wasn't timed right, and I think next week will provide a better playing field for a lot of the stocks.

The figures on AVM were smack on, but there just hasn't been any action in it. Probably not too good a stock to be covering. It did move up after finding support "Just above 150", but has had 3 down days to close the week. Our buy signal was triggered, but I believe this is a false signal and we could see some down days next week.


OIL did find new highs on a breakout and it is currently retracing. What is worrying is that it looks like it will retrace by more than I expected, and may find support around 850 instead of around 900. The order book was horrible this week, except for 30 minute bursts of free trading, where the gains and falls were made.



PTG did mainly the same thing as OIL this week. It found new highs twice this week, and it's holding the fast line pretty well. Strong rejection of 420 this week might prove a stumbling block next week. The book was a closed door here too this week.


I was wrong on the bounce level on JRVS, and in hindsight it should be more like 25p, although it is more or less flat on the week there was a little bit of action for those with quick fingers. A week of consolidation may give some indicators for the S/R lines for the next few weeks. I remain bullish on JRVS, but it is a hard stock to trade.


AHT is messed around until Friday, which was a strong up day. A good break of 72p will probably be a better entry point.


ISYS is beginning to give short signals, sub 270 for short entry.


Good moves on AU. during the week as it looked good on small gains, and is currently supported by the 10 day ma, which it needed to break, with an inside day so one to keep an eye on. Kind of forming a wedge pattern here too.


BT.A also giving early signs of a possible short sub 285. Straight channel action here in the long term, with a good breakdown on the shorter term chart.


TATE was probably the stock that gave the best signals this week in terms of trigger points. The trigger point to short was a breakdown of 400, and the stock is currently trading at 374. I will continue to monitor this next week on new lows.



NG. also triggered the short trigger price at 678 and is making lows at 672 at the moment. I will watch this passively into next week and look for less volatility in the SP before making decisions.


I misread the support level on CBG which was a bad trade for me, it seems to be holding around 525-535 as the week has closed out so I will wait for movement there. I'm currently bearish on CBG until the fast line is broken.


I'll work on the watchlist later today if time allows. Going to look for a better set of stocks with more defined indicators, it's proving difficult to pre-empt undeveloped signals.